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In 2024, 127.1 million ounces of the global silver produced was a by-product of gold mine production, accounting for around 15.5 percent of total world silver production. However, the main primary source of global silver production in that year was lead and zinc.
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Production of silver worldwide from 2018 to 2024, by primary source metal
(in million ounces)
Characteristic
2018
2020
2022
2024
Lead/zinc
268
240.2
253.3
241.3
Primary silver
247
207.8
236.5
227.5
Copper
197.3
207.6
213.1
219.4
Gold
131.2
123
129.6
127.1
Other
7
4.8
4.2
4.4
Created with Highcharts 7.2.2Production in million ounces2018202020222024Lead/zincPrimary silverCopperGoldOther
020406080100120140160180200220240260280300
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The Silver Institute. (April 9, 2025). Production of silver worldwide from 2018 to 2024, by primary source metal (in million ounces) [Graph]. In Statista. Retrieved November 14, 2025, from https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/
The Silver Institute. "Production of silver worldwide from 2018 to 2024, by primary source metal (in million ounces)." Chart. April 9, 2025. Statista. Accessed November 14, 2025. https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/
The Silver Institute. (2025). Production of silver worldwide from 2018 to 2024, by primary source metal (in million ounces). Statista. Statista Inc.. Accessed: November 14, 2025. https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/
The Silver Institute. "Production of Silver Worldwide from 2018 to 2024, by Primary Source Metal (in Million Ounces)." Statista, Statista Inc., 9 Apr 2025, https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/
The Silver Institute, Production of silver worldwide from 2018 to 2024, by primary source metal (in million ounces) Statista, https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/ (last visited November 14, 2025)
Production of silver worldwide from 2018 to 2024, by primary source metal (in million ounces) [Graph], The Silver Institute, April 9, 2025. [Online]. Available: https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/
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